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Peachtree City council approves full-rollback millage rate of 5.844 for coming fiscal year
Summary
Peachtree City council approved a reduced millage rate of 5.844 for the coming fiscal year, which the speaker described as a "full rollback" that will provide tax relief for residents. The announcement was made during a council recap of recent community activities and capital projects.
Peachtree City council approved a reduced millage rate of 5.844 for the coming fiscal year, a city official said during a council update. The official described the rate as a "full rollback," and said that designation means tax relief for residents.
The decision to set the millage at 5.844 was announced during a general update; the council did not provide a vote tally in the statements provided in the meeting transcript. The speaker characterized the change as a direct reduction in property tax burden for citizens.
No further budget details, such as the projected dollar impact on the city budget or the average change to an individual taxpayer's bill, were specified in the remarks. The meeting did not record a mover, seconder or formal roll-call tally in the available transcript excerpt.
City officials did not state an effective date in the remarks beyond referring to the "coming fiscal year." Additional budget documents or meeting minutes would be needed for implementation details and formal vote records.
